Overview

A benchmark-agnostic equity portfolio built around forward-looking thematic opportunities, with integrated tax management

About this Fund

  • Portfolio aligned with long term, sustainable growth trends
  • Consists of U.S. equities, aligned with sustainable growth trends, diversified across industries and market caps
  • Utilizes a strategic specific tax overlay to improve after-tax returns

Investment Approach

  • Employs a “top-down” and “bottom-up” investment process with the goal of identifying high quality companies providing solutions to the world’s biggest challenges
  • Dedicated experts assess material financial and ESG factors
  • Typically holds 30-60 stocks, all exposed to long-term sustainable investment themes
  • Active tax-loss harvesting approach designed to improve after-tax returns

Meet The Team

 
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Equity

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Additional Information

Understanding Sales Charges and Expenses 
Statement of Policies and Procedures for Proxy Voting 

Investment Definitions

Alpha is the risk-adjusted measurement of "excess return" over a benchmark. Beta is a measure of an investment’s volatility in comparison to the market as a whole. Duration is a measure of the sensitivity of an asset or portfolio’s price to interest rate movements. Information ratio is a measurement of portfolio returns beyond the returns of a benchmark, compared to the volatility of those returns. R-squared is the percentage of a portfolio’s price movements that can be explained by movements in a benchmark index. Sharpe ratio is a measure of the fund’s return relative to the investment risk it has taken. A higher Sharpe ratio means the fund’s returns have been better given the level of risk the fund has taken. Standard deviation is a measure of the dispersion of a portfolio’s return from its mean. Tracking error is the difference in actual performance between a portfolio and its corresponding benchmark. Up capture measures the percentage of market gains captured when markets are up. Down capture measures the percentage of market losses endured when markets are down.

Risks To Consider

  • Foreign (Non-U.S.) Investment Risk: Investments in securities of non-U.S. issuers may involve more risk than those of U.S. issuers. These securities may fluctuate more widely in price and may be more difficult to trade than domestic securities due to adverse market, economic, political, regulatory, or other factors.

  • Market Risk: The market values of the portfolio’s holdings rise and fall from day to day, so investments may lose value. 

  • REIT Risk: Investments in real estate can decline due to a variety of factors affecting the real estate market, such as economic conditions, mortgage rates and availability. REITs may have additional risks due to limited diversification and the impact of tax law changes.

  • Past performance does not guarantee future results. There is no assurance that a separately managed account will achieve its investment objective.

    Separately managed accounts are subject to market risk, the market values of securities owned will fluctuate so that your investment, when redeemed, may be worth more or less than its original cost.

    The tax loss harvesting program (algorithm) is run based on Portfolio Management discretion. Market execution of a suggested tax loss sale is not guaranteed; intra-day market movement, changes in liquidity conditions, inability to execute within limits, trader discretion, among other factors may result in non-executed tax loss harvesting trades

    AllianceBernstein Investments, Inc. (ABI) is the distributor of the AB family of mutual funds. ABI is a member of FINRA and is an affiliate of AllianceBernstein L.P., the manager of the funds. 

    AB mutual funds may be offered only to persons in the United States and by way of a prospectus. This website should not be considered a solicitation or offering of any investment products or services to investors residing outside of the United States.

    Investment Products Offered:

    Are Not FDIC Insured | May Lose Value | Are Not Bank Guaranteed

    The [A/B] logo is a registered service mark of AllianceBernstein and AllianceBernstein® is a registered service mark used by permission of the owner, AllianceBernstein L.P..